United Natural Foods (UNFI) Tops Q4 EPS by 14c, Offers Guidance

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United Natural Foods, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results

September 26, 2023 7:00 AM EDT

PROVIDENCE, R.I.--(BUSINESS WIRE)-- United Natural Foods, Inc. (NYSE: UNFI) (the Company or UNFI) today reported financial results for the fourth quarter (13 weeks) and fiscal year (52 weeks) ended July 29, 2023.

Fourth Quarter Fiscal 2023 Performance

Net sales increased 2.0% to $7.4 billion Net loss of $68 million; Loss per diluted share (EPS) of $(1.15) Adjusted EBITDA decreased 56.3% to $93 million Adjusted EPS decreased to $(0.25)

Recent Financial and Operational Summary

Fiscal 2023 sales in-line with most... More